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    80 Somerset St Somerville, NJ 08876

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    For Sale
    $725,000

    Two-unit commercial property with showroom, office, and warehouse space.

    Lot size:
    0.16 Acres

    Property Features for 80 Somerset St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1950

    Source: RE/MAX INSTYLE Agent MICHAEL MOORE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property For Sale

    This commercial property features approximately 3,000 sq ft of space divided into two units, suitable for various uses. The first unit is currently configured as a flooring store, including a showroom, office space, one bathroom, and a warehouse area with an 8 ft overhead door. This unit also has a newer furnace. The second unit offers 550 sq ft of open space with large street-facing windows, along with 450 sq ft of office space and two bathrooms. Each unit has separate utilities. A newer .060 TPO roof was installed on the building in December 2019. Situated between the end of Main Street in Somerville and Route 206, the property provides convenient access to major highways. The zoning is B-4, and buyers should verify use compliance with the township. The property presents an investment opportunity with the option to occupy the entire space, rent one unit, or rent both.
    Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    DeSantis Cabinetry, Alpine Flooring, Basking Ridge Floor Refinishing, Chelvestons Carpet, Chelvestons Carpet

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6228323
    Latitude
    40.5699027

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    FAQs

    What type of property is this?
    Showroom - Two-unit commercial property with showroom, office, and warehouse space.
    Where is this showroom located?
    The property is located at 80 Somerset St Somerville, NJ.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Two separate units (approx. 3,000 sq ft total) with flexible usage options and separate utilities.; - Prime location between Main Street and Route 206, offering quick access to major highways.; - Great investment opportunity with options to occupy, rent one unit, or rent both.
    (609) 303-3456
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    80 Somerset St Somerville, NJ 08876
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    Somerville, NJ 08876
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    80 Somerset St Somerville, NJ 08876
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